MicroStrategy Unveils $500M Fundraising via STRC Preferred Stock to Boost Bitcoin Holdings

MicroStrategy (MSTR) has launched a new fundraising initiative aimed at expanding its massive Bitcoin holdings. The company introduced STRC Preferred Stock, a new offering nicknamed "stretch," with an initial dividend yield of 9%. The goal is to raise $500 million by selling 5 million shares at $100 each.

This latest move adds to MicroStrategy’s growing list of preferred stock series, including STRK, STRF, and STRD, and complements its aggressive at-the-market common stock program. Just last week, the company secured $736 million through that program, all earmarked for additional Bitcoin purchases.

MicroStrategy remains the largest corporate holder of Bitcoin, currently owning more than 600,000 BTC valued at approximately $72 billion. The firm continues to double down on its Bitcoin investment thesis, leveraging both debt and equity markets to expand its digital asset reserves.

The new STRC preferred shares give investors exposure to Bitcoin indirectly through a fixed-income instrument, offering steady returns while fueling the company’s continued BTC acquisition strategy. This hybrid structure is increasingly appealing to investors seeking yield and crypto exposure without directly buying or storing digital assets.

MicroStrategy’s bold strategy reflects growing institutional confidence in Bitcoin as a long-term asset class, especially amid rising global interest in digital currencies and alternative stores of value. With Bitcoin currently trading near $117,000, the company's aggressive accumulation positions it as a dominant force in the crypto space.

MSTR shares remained relatively unchanged in after-hours trading, signaling market confidence in its latest capital raise. The launch of STRC underscores MicroStrategy's continued innovation in corporate finance to support its Bitcoin-centric vision.